Director/PDMR Shareholding

RNS Number : 1226R

SSE PLC

06 December 2016

 

SSE PLC

Director/PDMR Shareholding

Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs)

The Company was notified on 6 December 2016 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan (the "Plan"), that it purchased ordinary shares of 50 pence each in the capital of the Company on 6 December 2016 on behalf of, and awarded matching shares to, the following Directors/PDMRs.

The table below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details on the number of shares purchased and the number of matching shares awarded under the Plan on 6 December 2016.

1	Details of the person(s) discharging managerial responsibilities/person closely associated with
a)	Name(s)	Gregor Alexander (Director) Alistair Phillips-Davies (Director) Will Morris (PDMR) Colin Nicol (PDMR) Martin Pibworth (PDMR)
2	Reason for the notification
a)	Position/status	As noted in 1a) above
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SSE plc
b)	LEI	549300KI75VYLLMSK856
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 50 pence each fully paid ISIN: GB0007908733
b)	Nature of transaction	The Company was notified on 6 December 2016 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan (the "Plan"), that it purchased ordinary shares of 50 pence each in the capital of the Company on 6 December 2016 on behalf of, and awarded matching shares to, the following Directors /PDMRs.

c)	Price(s) and volume(s)	Partnership and Matching Shares purchased at a price of GBP £14.94422 Director/PDMR Partnership Shares acquired Matching Shares acquired Total Shares acquired Gregor Alexander (Director) 10 3 13 Alistair Phillips-Davies (Director) 8 3 11 Will Morris (PDMR) 9 3 12 Colin Nicol (PDMR) 10 3 13 Martin Pibworth (PDMR) 3 3 6
d)	Aggregated information -      Aggregated volume -      Price	As noted in 4c) above As noted in 4c) above
e)	Date of transaction	6 December 2016
f)	Place of transaction	London Stock Exchange Main Market XLON

 

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